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Illinois county to allocate $14.7M toward behavioral health initiative
The Cook County Department of Public Health in Illinois is investing $14.7 million toward its Building Healthier Communities program. -
California county building $422M behavioral health center
California's Santa Clara County broke ground on a 207,000-square-foot, $422 million behavioral health center, according to a Feb. 22 news release shared with Becker's. -
UHS' $61M joint venture behavioral hospital to triple region's inpatient capacity
Allentown, Pa.-based Lehigh Valley Health Network and King of Prussia-based Universal Health Services are joining forces on a $61 million behavioral health hospital in Hanover Township, Pa., the Philadelphia Business Journal reported Feb. 13. -
UHS building $46M joint venture psychiatric hospital with Trinity Health
King of Prussia, Pa.-based Universal Health Services is building a 96-bed joint venture psychiatric hospital with Livonia, Mich.-based Trinity Health, MLive reported Feb. 22. -
Texas Children's teams up with Menninger Clinic on youth mental health crisis
Texas Children's Hospital and The Menninger Clinic, both based in Houston, are partnering to bolster inpatient care for youth experiencing a behavioral health crisis, Texas Children's said Feb. 22. -
California grants $907M for 'bridge housing,' behavioral health support
California governor Gavin Newsom plans to allocate $907 million for a new initiative to provide housing for homeless individuals with severe behavioral health issues. -
Children's Home of Northern Kentucky to receive $150K donation
Children's Home of Northern Kentucky in Covington, a behavioral health facility, has been gifted $150,000 on behalf of the city of Independence, Ky., Link NKY reported Feb. 21. -
Michigan to allocate $7.9M to fund behavioral health programs, combat gun violence
Michigan state leaders are granting $7.9 million in federal funds toward behavioral health, crisis programs and combating gun violence, CBS affiliate News Channel 3 reported Feb. 21. -
Elevance Health puts $18M to youth, maternal health
Health insurance provider Elevance Health — through its philanthropic arm, the Elevance Health Foundation — added $1.6 million in additional grants to its support program for organizations working to address maternal and child healthcare needs. -
CHRIS 180 receives $4M to expand mental health services in Georgia
CHRIS 180, a social services organization based in Atlanta, is one of five recipients in Georgia to receive a grant from the Substance Abuse and Mental Health Services Administration. -
Mental health technology's top 10 private equity deals in Q4
Maven, a multispeciality digital healthcare company geared toward women and families, raised $90 million via private equity deals in the fourth quarter of 2022, the largest of any virtual mental health provider, according to a report published by business intelligence company CB Insights. -
University of Buffalo receives $2.5M grant for behavioral health training
The department of family medicine at the University of Buffalo (N.Y.) Jacobs School of Medicine and Biomedical Sciences has received a federal grant to assist in the training of primary care residents in mental and behavioral healthcare. -
California puts $37M into suicide hotline management
The state of California inked a $37 million contract with Next Generation Advanced, a emergency communications management company, to run its Suicide Prevention & Mental Health Crisis Lifeline network. -
Foundation backed by Selena Gomez donates $1.5M to youth mental health services
The Rare Impact Fund, created by singer and actress Selena Gomez, awarded $1.5 million in grants to organizations working to develop and expand global mental health services. -
$1.2B in behavioral health investments: a midmonth recap
Here are 12 investments into mental healthcare totaling $1.2 billion that have been reported by Becker's since Feb. 2: -
Digital health funding down 57%: what to know
Investments in digital health companies dropped from $59.7 billion in 2021 to $25.9 billion in 2022 — a decrease of 57 percent — according to a report published by business intelligence company CB Insights. -
UNC Health to build $10M 54-bed behavioral hospital
Chapel Hill, N.C.-based UNC Health is planning to build a 54-bed children's behavioral hospital in Granville County, the Triangle Business Journal reported Feb. 14. -
Ballmer Group invests $165M into school support services nationwide
School resource organization Communities in Schools received a $165 million donation to expand support programs at 1,000 schools in the U.S. -
Private equity-owned Lifepoint scoops up 18 behavioral hospitals with $250M Springstone acquisition
Brentwood, Tenn.-based Lifepoint Health, owned by private equity firm Apollo Global, added 18 hospitals and 35 outpatient facilities with its $250 million majority ownership acquisition of Louisville, Ky.-based behavioral health network Springstone. -
Private equity-backed Prosperity Behavioral Health acquires RCM firm
Financial services startup Prosperity Behavioral Health acquired revenue-cycle management company Elevated Billing, according to a news release.
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